ONGC Expands BP Partnership with Western Offshore Basin Services Contract

Thursday, June 25, 2026

India's Oil and Natural Gas Corp (ONGC) and BP have signed a technical services contract aimed at enhancing production from fields in India's Western Offshore Basin, expanding a collaboration that began at the Mumbai High field in 2025.

Under the agreement, BP has been appointed as the technical services provider for ONGC's fields in the Western Offshore Basin.

Comprising 43 blocks, the Western Offshore Basin is ONGC's most prolific hydrocarbon-producing basin and has contributed to India's energy requirements for more than four decades.

ONGC will retain complete ownership and operational control of the assets, while BP will work with ONGC's teams to identify and implement interventions across reservoirs, wells and production facilities.

The collaboration is aimed at moderating natural production decline, improving hydrocarbon recovery and operational efficiency, and supporting sustained production growth.

Under the terms of the contract, BP will receive a fixed fee for the first two years, followed by a service fee linked to a percentage share of revenue generated from net incremental hydrocarbon production. No additional details were revealed.

The agreement builds on a technical services contract signed by the two companies for the Mumbai High field in February 2025.

The companies said the first year of collaboration at Mumbai High helped moderate production decline and deliver growth through optimization of existing wells, enhanced surveillance and reservoir, well and facility management initiatives.

"Building on the encouraging outcomes at Mumbai High, this expanded collaboration will support improved recovery, greater efficiency and sustained production growth," said Arun Kumar Singh, ONGC Chairman and Chief Executive.

"We look forward to bringing BP's global expertise to support enhanced production from the Western Offshore Basin and strengthen India's energy security," added Kartikeya Dube, BP India Chairman and BP Senior Vice President.

ONGC accounts for about 64% of India's domestic crude oil and natural gas production.

Categories: Industry News Activity Asia Oil and Gas Well Operations Deepwater Workover FPSO

Related Stories

Valeura Starts Wassana Platform Installation Offshore Thailand

Yinson Production Raises $1.46B to Refinance Agogo FPSO

KBR to Support Aramco’s Marjan Offshore Field Upgrade

Höegh Evi, PETROS to Develop Kuching LNG Terminal in Malaysia

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

ONGC Strikes Gas in Deepwater Well off India

Larsen & Toubro Adds Major ONGC Offshore Project to Orderbook

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

Current News

Valeura Starts Wassana Platform Installation Offshore Thailand

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Oil Climbs on US Storm Threat, Saudi Attack Risks

KBR to Support Aramco’s Marjan Offshore Field Upgrade

Oil Industry Braces for Years of Market Disruption

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

Iran Set to Keep Hormuz Shut Until Seven Demands Are Met

LNG Flows Through Hormuz Hit Seven-Month High

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com